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Obama, Congress reach a debt deal
Associated Press ^ | July 31, 2011 | DAVID ESPO

Posted on 07/31/2011 5:58:37 PM PDT by Free ThinkerNY

click here to read article


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To: Spunky

There are some young people I feel sorry for. There are some who I say will get what they deserve. It’s just sad that they’ll bring everyone down with them.


101 posted on 07/31/2011 6:45:05 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: Beelzebubba

Don’t worry. Stocking up on silver also.


102 posted on 07/31/2011 6:47:15 PM PDT by LibsRJerks
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To: LibsRJerks

So, what’s your take on silver? Will it drop for a while then go through the roof once they figure out this is a bad deal for America?


103 posted on 07/31/2011 6:48:32 PM PDT by Terry Mross (I'll only vote for a SECOND party.)
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To: LibsRJerks

Would the founders consider us gutless for just lying down and taking what is going on in that cesspool called D.C.?

If every person who hated this govt’s direction actually got off their ass and traveled to washington to march on the mall and overrun the capital they couldnt do a damn thing about it. Why can’t we put together 1-2 million conservatives to march on washington and show our anger in person? This has gone too damn far!!!


104 posted on 07/31/2011 6:51:39 PM PDT by hillarys cankles
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To: Terry Mross

A great forum for those interest in precious metals
http://forums.collectors.com/categories.cfm?catid=42


105 posted on 07/31/2011 6:52:19 PM PDT by silentknight
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To: Terry Mross

My only take on it is that I can’t afford gold!

LOL — seriously, only buying it as it’s all I can do for now along with trying to add on all our other “preps.”


106 posted on 07/31/2011 6:54:21 PM PDT by LibsRJerks
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I smell a coordinated effort by Obama and GOP leadership to pigeonhole the House TEA members.


107 posted on 07/31/2011 6:54:39 PM PDT by Gene Eric (May our dreams converge for a free and prosperous nation.)
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To: LibsRJerks

Would have been nice to buy gold when it was under $300 a few years ago. Amazing how much has changed.


108 posted on 07/31/2011 6:55:26 PM PDT by silentknight
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To: usconservative

>> Our Children and Grandchildren are screwed.

That’s a terrible thought, but I don’t think it’ll take that long.

I think their parents and grandparents will manage to deprecate our dollar at a rate that will let *us* share a considerable amount of the pain *right away*.


109 posted on 07/31/2011 6:55:59 PM PDT by Nervous Tick (Trust in God, but row away from the rocks!)
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To: Major Matt Mason

No mention on Facebook either. ;)


110 posted on 07/31/2011 6:56:25 PM PDT by Miss Didi ("After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
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To: buccaneer81

You can imagine the rating agency all on board for all the obvious reasons. But with this low of cut how can they justify a Triple A rating. Geez.


111 posted on 07/31/2011 6:56:53 PM PDT by Orange1998
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To: Recovering Ex-hippie

“You are right...we got work to do...for those who want to not give up.”

Note my screen name!

I don’t quit.


112 posted on 07/31/2011 6:57:44 PM PDT by Persevero (Homeschooling for Excellence since 1992)
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To: Gene Eric; P-Marlowe

I’m not sure of the power of the minority democrats + 25 turncoat republicans. They would have a majority. Can they then force the floor and force the vote?

If they can, then ask yourself whether there are at least 25 rinos in the House of Reps.

I’m unsure of House procedures in the face of a majority. In the Senate a filibuster can hold everything up, but what can hold up a majority in the House?


113 posted on 07/31/2011 7:00:04 PM PDT by xzins (Retired Army Chaplain and Proud of It! True Supporters of our Troops PRAY for their VICTORY!)
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To: Free ThinkerNY

lol Long term spending cuts means cuts not in the 2012 budget, but in some other budget controlled by some other Congress. As we have seen since 1962, that means “never”.

Reagan and Bush I fell for this too- in fact, so did we all.

Cue The Who Won’t Get Fooled Again, but mix in irony.


114 posted on 07/31/2011 7:00:09 PM PDT by DBrow
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To: Recovering Ex-hippie

I meant that obozo said “the rich and the corporations will have to pay their ‘fair share.’”

The moment he said that I knew this deal was bad for America.

He was telling the “truth” insofar as that “truth” pushes his anti-American agenda.


115 posted on 07/31/2011 7:00:18 PM PDT by freedumb2003 (Herman Cain 2012)
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To: Free ThinkerNY

Cuts ONE DAY of Federal Expenditures. Not enough to prevent a downgrade, sooner or later.

This economist sums it up nicely.

http://confoundedinterest.wordpress.com


116 posted on 07/31/2011 7:01:39 PM PDT by Squidster
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To: princess leah

I agree . Its a phony deadline.

When I hear Hucky and Bonehead spitting out the same 98 talking point thne I think back to the last great deal Bonehead cut whcih was a complete scam and helped fund Obamacare for years.


117 posted on 07/31/2011 7:04:30 PM PDT by ncalburt (NO MORE WIMPS need to apply to fight the Soros Funded Puppet !)
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To: ncalburt

9:50pm | Sen. Mike Lee (R-UT) tells CNN’s Wolf Blitzer that he will filibuster the vote tomorrow, which will require 60 votes to break.
9:48pm | Beginning of the “age of austery.”

Jonathan Alter on MSNBC: “Historians will look to tonight as the beginning of the age of austerity in America.”
9:47pm | How about some Merlot?

Rep. Mike Kelly to Speaker Boehner on conference call- grab a gatorade and smoke a cigarette - you’ve earned it. Boehner response: How about Merlot?

9:44pm | Bachmann still a no vote.

GOP Presidential candidate Rep. Michele Bachmann (R-MN) says: “This isn’t the deal the American people ‘preferred’ either, Mr. President. Someone has to say no. I will.”

Another no votes is Rep. Jason Chaffetz (R-UT).

9:30pm | Defense cuts cut.

A key sticking point earlier this morning was the scope of mandatory defense spending cuts that would take effect if the “Super Committee” reccomendations failed to pass Congress. Those apparently have been minimized, The Washington Post reports.

Read more: http://www.businessinsider.com/live-coverage-debt-ceiling-sunday-negotiations-2011-7#ixzz1TjozCqlI


118 posted on 07/31/2011 7:10:05 PM PDT by silentknight
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To: 9YearLurker

Where did you see that there are only $4B in cuts next year? I assume next year means 2012? If true, that’s a deal breaker for me as well.


119 posted on 07/31/2011 7:10:05 PM PDT by MichaelNewton
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To: MichaelNewton

One of the congressmen just interviewed on Hannity reported that—with great disgust!


120 posted on 07/31/2011 7:12:57 PM PDT by 9YearLurker
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